Financing Climate Futures: Rethinking Infrastructure

The OECD, UN Environment and the World Bank Group have joined forces under an initiative entitled Financing Climate Futures: Rethinking Infrastructure. Supported by the German Federal Ministry of the Environment, Nature Conservation and Nuclear Safety (BMU), it explores what public and private actors should do to support the radical transformation needed to align financial flows in infrastructure for low-emission, resilient development.

25 September 2018 | UN Headquarters, New YorkThe OECD, UN Environment and the World Bank Group hosted a high-level discussion on Financing Climate Futures. Scaling-up and shifting financial flows to low-emission and resilient infrastructure investments is critical to delivering on the objectives of the Paris Agreement and the 2030 Agenda for Sustainable Development. Despite some progress, radical transformations are needed to drive systemic changes in finance, infrastructure and innovation.

Photobook

Other OECD reports on climate change

Investing in Climate, Investing in Growth

Climate Change Mitigation

Aligning Policies for a Low-Carbon Economy

Objective and approach of the initiative

The initiative stems from the 2017 G20 Hamburg Climate and Energy Action Plan, which called on the three organisations to “compile ongoing public and private activities within the G20 for making financial flows consistent with the Paris goals and, building on this, to analyse potential opportunities for strengthening these efforts”. Read more on the deliverables, launches and milestones (PDF).